Ahmed Muselhy’s Post

View profile for Ahmed Muselhy, graphic

HR Entrepreneur | Founder @ Hired HR | Top Linkedin Voice in Recruiting | PHRi™ | TEDx Speaker | Personal Branding for Senior Professionals | EdTech Builder | Recruitment Guru

learn how to forecast your manpower needs and how to attract, select, and hire them! Register now

View organization page for Hired HR, graphic

56,918 followers

As a Human Resources professional, one of your key responsibilities is calculating the Cost per Employee (CPE). This calculation is crucial for several reasons and objectives: 1. **Determining Total Costs:** CPE helps in estimating the total costs associated with each employee, including salaries, benefits, training expenses, and other overhead costs. 2. **Budget Allocation:** Calculating CPE assists in allocating budget resources effectively within the HR department, ensuring that the company's financial resources are optimally utilized. 3. **Financial Planning:** CPE plays a vital role in financial planning by providing insights into the overall cost impact of employee-related expenditures on the company's budget. 4. **Performance Evaluation:** CPE metrics can also be used as a performance indicator to assess the efficiency of HR processes and identify areas for cost optimization. By accurately calculating CPE, you can contribute to strategic decision-making processes and ensure that employee-related costs align with the company's budgetary constraints and long-term goals. For early booking or inquiries, contact us at 01019910394. #هايرد_أكاديمي #تخطيط_القوى_العاملة #استقطاب_المواهب #التوظيف #HiredHR #HiredAcademy #Elearning #manpowerplanning #talentacquisition #recruitment #workshop

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics